Gold just cratered 30% from peak — wiped $12 trillion off the board, now sitting at $3,942, a 7-month low.
To put that in perspective: the value destroyed here is 6x the entire market cap of crypto. Not 6x $BTC. Six times *everything* in crypto combined.
This is the kind of move that forces you to zoom out. Gold was the safe haven narrative for decades. Now it's bleeding harder than most risk assets. Meanwhile, liquidity is tightening, macro is shifting, and capital is getting repriced everywhere.
Watch where that $12T tries to flow next. Because it's not staying in mattresses.
To put that in perspective: the value destroyed here is 6x the entire market cap of crypto. Not 6x $BTC. Six times *everything* in crypto combined.
This is the kind of move that forces you to zoom out. Gold was the safe haven narrative for decades. Now it's bleeding harder than most risk assets. Meanwhile, liquidity is tightening, macro is shifting, and capital is getting repriced everywhere.
Watch where that $12T tries to flow next. Because it's not staying in mattresses.